On May 1, 2014 the ISO implemented measures that reduce bid cost recovery payments for undelivered energy and adjust payments for bid cost recovery and residual imbalance energy for deviations that inflate payments. The ISO also separated bid cost recovery settlement for the day ahead and real time markets and changed settlements for exceptional dispatch energy and for temporary increases to a resources minimum load.
Implemented: May 1, 2014FERC approval: December 19, 2013Tariff amendment filing: September 25, 2013Board of Governors approval: December 13-14, 2012